1960 KINGSWAY

COMM For Sale in Knight, Vancouver East

$2,998,000

Gross Site Area: 5,841 SF

Frontage: 75 ft

Depth: avg. 93.7 ft

Current Zoning: C-2

Potential Density: 2.5 FSR (may achieve higher with Rental 100 Program)

Potential Buildable Area: 14,602.5 SF or more

Development Type: Mixed-Use Mid-Rise Apartment

Official Community Plan:  N/A

Neighbourhood: Knight

It's located between Knight Street & Victoria Drive. This corner C-2 zoned property is close to 6,000 SF large. The current zoning offers excellent redevelopment potential in the form of mixed-use, retail & residential, redevelopment. Current FSR density of up to 2.5 with it's current zoning. Current plans of the new 5-level development will boast commercial units at grade with 11 market residential dwelling units on top & 1 level of underground parking.

Kingsway is the major corridor in Vancouver East and has seen massive expansion in residential and commercial developments in the past few years. It is lacking supply in the residential apartment units. Don't miss this great opportunity.

Address 1960 KINGSWAY
List Price 2,998,000
Type of Dwelling COMM
Area Vancouver East
Sub-Area Knight
Floor Area 5,841 Sq. Ft.
Lot Size 5,841 Sq. Ft.
Maint. Fee 0.00
Listing Brokerage RE/MAX REAL ESTATE SERVICES
Zoning C-2
Tax Amount $0.00

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Daniel Yu Personal Real Estate Corporation

RE/MAX Real Estate Services

N410 650 West 41st Avenue Vancouver BC V5Z 2M9

Mobile: 604-671-0700

Office: 604-263-2823

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